Im a bit too hammered to understand it right now, but I think the math is hidden in here with very ambiguous wording.
In a note released Thursday, Morgan Stanley projected that Amazon’s plan could cut around 13,834 managerial roles by early next year, saving the company between $2.1 billion and $3.6 billion. The estimate is based on the assumption that managers make up 7% of Amazon’s workforce.
Im a bit too hammered to understand it right now, but I think the math is hidden in here with very ambiguous wording.
God damn, a billion dollar buffer? I need to know who their accounts are.